PFG Advisors Increases Holdings in SPDR Portfolio S&P 500 Growth ETF $SPYG

PFG Advisors increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) by 343.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 65,525 shares of the company’s stock after purchasing an additional 50,736 shares during the period. PFG Advisors’ holdings in SPDR Portfolio S&P 500 Growth ETF were worth $6,246,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Flaharty Asset Management LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the first quarter valued at about $28,000. Quaker Wealth Management LLC grew its stake in SPDR Portfolio S&P 500 Growth ETF by 292.9% during the second quarter. Quaker Wealth Management LLC now owns 301 shares of the company’s stock valued at $29,000 after acquiring an additional 457 shares in the last quarter. Tompkins Financial Corp bought a new stake in SPDR Portfolio S&P 500 Growth ETF during the 2nd quarter worth approximately $36,000. VSM Wealth Advisory LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth approximately $38,000. Finally, Pacifica Partners Inc. boosted its holdings in SPDR Portfolio S&P 500 Growth ETF by 1,562.5% in the 2nd quarter. Pacifica Partners Inc. now owns 399 shares of the company’s stock valued at $38,000 after purchasing an additional 375 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Price Performance

SPYG opened at $105.23 on Friday. The company has a fifty day moving average price of $104.36 and a 200-day moving average price of $96.99. The firm has a market capitalization of $44.23 billion, a P/E ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63.

SPDR Portfolio S&P 500 Growth ETF Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index).